Sunday, August 7, 2011

Carol Wilcox of Labour Land Campaign gets some good coverage

Who owns our green and pleasant land?

"She got interested in land reform when she read Mervyn King's book on British tax. There seemed to be a glaring omission in it: land value tax. Rather than taxing income so heavily, or seeing aspiration to ownership taxed in the form of stamp duty, why not impose an annual tax on the productive value of land per acre (excluding occupied homes in the lower council tax bands), and thereby address the most glaring inequity in the country? This might allow tenants of all kinds to finally own a little patch, leading to the eventual disbursement, at fair price, of some of the millions of acres currently held in a few thousand hands. And it would mean the 40% of prime property currently being sold to often absent foreign investors would not look quite so attractive."

Posted by mark wadsworth @ 11:17 AM (1963 views)
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4 thoughts on “Carol Wilcox of Labour Land Campaign gets some good coverage

  • This is the telling sentence:
    “Britain is, of course, full of complicated nostalgia for the world of stately homes and manicured lawns, and the opposition to such a change is deep rooted, even among those it might benefit.”

    The figures in the article, as if they needed rehearsing, make an overwhelming case for land reform, but the reason it has not happened (and also why all the other inequties exist) is that the populace is carefully coralled by the feudal “lords”.

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  • happy mondays says:

    No one owns the land, unfortunately over a period of time it has been claimed by some who think they have the rights of owning it ! Then the F**king nerve to either make us pay rent for it or buy some of it back at extortionate rates..

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  • It is impossible to envisage a parliament controlled by those who themselves are probably land “owners”, ever passing legislation which would require them to pay an equitable annual tax on their acres. Can anyone see LVT ever being introduced, whilst the privileged make the laws? I can’t!

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  • All land ownership has been theft.

    It is as fraudulent today as it has always been. And there lies the problem mark.

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